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Cotton & Western Mining In CWRN
Posted On: 07/05/2013 7:30:47 PM
Post# of 8059
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Posted By: microcaps
Re: microcaps #4555

for whatever reason sb has devoted his whole life to destroying cwrn-revenge rules his life-logic and facts are unacceptable to revenge


outcroppings tested at 67%, CWRN expected Panamax shipping cost to be 16/ton-much cheaper/ton than Handymax due to much larger size,my extensive Oct 2011 calcs available for viewing were cost of 13-15/ton for Panamax -  28 is too high even for Handymax and would be  a ripoff as per those in the know (thats reportedly partly why JV ended Aug 2011), CWRN ore independent tested 64.5% posted many times


Chinas ore is only 15% and falling-see past posted articles, roylaties I've seen are 2/ton,trucking was 9.24/ton for 1st ship during the Libya crisis which sent oil to 120- and so for other reasons trucking would likely be less for the larger loads expected now


I didnt see a Pr statement of 5/ton for royalty


I've been trying to find contact info for Brad to remind him to file the list of officers- dont believe he's had a public co before and dont know whether they remember the due date etc














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